MUBiShares National Muni Bond ETF

Get income19y track recordRanked #8 of 1,706 in this goal

Tracks the investment results of an index composed of investment-grade U.S. municipal bonds.

By iShares · Launched 2007

Annual Cost

0.05%

#132 of 6,040 · low cost

Fund Size

$45.4B

#77 of 6,040 · large

Return (1Y)

-0.2%

Track Record

19 years

#516 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$9,978-0.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE AMT-Free US National Municipal Index

Holdings

By weight

Concentration

Top 10 holdings = 2.0% of funddiversified

BlackRock Liquidity Funds

0.6%

Board of Regents of the University of Texas System

0.2%

Connecticut State Health & Educational Facilities Authority

0.2%

City of Atlanta Water & Wastewater

0.2%

Northwest Independent School District

0.2%

New York State Thruway Authority

0.2%

Houston Higher Education Finance Corp.

0.2%

New York State Dormitory Authority

0.1%

Ohio State University (The)

0.1%

State of California

0.1%

Asset allocation

Bonds

99.9%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.0%Low

Year-on-year price swings

Max drawdown

-13.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

-0.32Below average

Sortino (3Y)

-0.42Moderate downside risk

Bond profile

Duration

4.7 years

Avg maturity

10.2 years

Credit ratings

AAA

21.8%

61.7%

15.7%

BBB

0.8%

Other

0.1%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Tracks the investment results of an index composed of investment-grade U.S. municipal bonds.
Strategy: Seeks to track the investment results of the ICE AMT-Free US National Municipal Index, which measures U.S. dollar denominated investment-grade tax-exempt debt publicly issued in the U.S. The Fund invests primarily in municipal bonds, aiming for low portfolio turnover and better after-tax performance.
Inception date: September 7, 2007
Fund family: iShares